Symetra Rate Change Effective Tuesday, 12/17/2024
Symetra is announcing a rate decrease effective Tuesday, December 17th, 2024. Please find the new rates and Symetra’s rate lock rules.
In general
Fixed Annuity Decrease – Non-NY
- Select Pro and Max: -15bps
Fixed Indexed Annuity Decrease
- S&P 500 Cap: -25bps
- S&P 500 Trigger: -25bps
- NASDAQ Cap: -25bps
- NASDAQ Trigger: -25bps
- Fixed: -25bps
No other changes at this time. Please see 2024 end of year deadline information below.
2024 Deadlines for Year-end New Business
To ensure 2024 processing, applications must be received and in good order by the following dates:
Retirement New Business: Friday, December 20
Annuity In-Force Transactions: Monday, December 23
This includes transfers, 1035 Exchanges, repetitive payments, partial and total withdrawals. If clients prefer to have their transaction processed in 2025, please make a note on the request.
Death Claims: Death claim requests received by Friday, December 13 will be processed by Friday December 27.